The Common Market, or the European Economic Community, was created as an international organization to create economic integration between the six countries who formed it. It was designed to help the economy of Europe and help prevent future wars by integrating its members together and create mutual cooperation. It formed a customs union which established common prices and removed internal trrifs and barriers. Many organizations before the EEC led to its successful integration.
Between 1945 and 1965, A “Green Revolution” took place in Western Europe. A “Green Revolution” is a large scale production of agricultural products which allowed the nations to become more self-sufficient. In 1948, European cooperation began to take its place. The three countries of Belgium, Luxembourg and Holland created a customs union called Benelux. Benelux’s purpose was to remove internal barriers and erect tariffs to protect their trade. Also in 1948, Britain, France and the Benelux countries signed the Brussels Pact. In the same year, 10 countries met to create a Council of Europe; however, the British didn’t cooperate and was therefore not a part of it. In 1949, twelve countries, which included the countries from the Brussels Pact, signed the North Atlantic Pact for mutual protection. Eventually more countries were added and it became NATO.
In 1951, France, West Germany, Italy, and the Benelux countries, known as The Six, formed the European Coal and Steel Community under Jean Monet and Shuman of France to create a stronger basis of cooperation. The purpose was to create a common market for the six nations in steel and coal products. Their success caused a want to expand to even more countries. In 1957, The Six signed the Treaty of Rome, which created the European Economic Community (EEC) or Common Market. The EEC was a large free trade area. It focused on allowing the free movement of workers and capital, eliminating trade barriers, and protecting agriculture. Britain refused to join and instead preferred to keep the British Commonwealth countries as trading parters. They wanted elimination of internal tariffs, same social and economic policies, and the movement of people. The Treaty of Rome also created the European Atomic Community (Euratom) for non-military atomic research. In 1960, Britain created the European Free Trade Association with Norway, Sweden, Denmark, Austria, Switzerland, and Portugal. In 1967, Euratom, ECSC, and EEC formed the European Community, and in 1968, the six countries negotiated the GATT agreement.
Britain began to fall behind the other countries, and in 1963 they wanted to enter into the Common Market. Britain was twice rejected by De Gaulle, but in 1969 Britain was allowed to join. There are now 12 countries in the Common Market. In 1975, the leaders of all European countries, except for Albania, signed the Helsinki Accords, which stated they would recognize the borders of Europe that were drawn up after WWII. The 35 countries who signed also agreed to respect human rights and cooperate with each other in matters of science and economics. In 1991, the Maastricht Treaty was signed, which made the Eurodollar the single currency of the European Union.
Essay 27
OUTLINE
1945-1965 – Green Rev. in W. Europe. Agriculture allowed for self-sufficiency.
1948- 10 countries. Council of Europe. British refused.
1949- North Atlantic Pact ( Benelux +5 others) à eventually more countries joined and formed NATO
1951- France, W. Germany, Italy, Benelux ( the 6)- European Coal and Steel Community (ECSC) under Jean Monnet and Shuman of France. Purpose: common market for the 6 in steel and coal productions.
1957- Treaty of Rome ( the 6)- European Economic Community (EEC) or Common Market. GB refused to join. Purpose: allow free movement of workers and capital, no trade barriers, protect agriculture. Also, Euratom- non military atomic research.
The Common Market, or the European Economic Community, was created as an international organization to create economic integration between the six countries who formed it. It was designed to help the economy of Europe and help prevent future wars by integrating its members together and create mutual cooperation. It formed a customs union which established common prices and removed internal trrifs and barriers. Many organizations before the EEC led to its successful integration.
Between 1945 and 1965, A “Green Revolution” took place in Western Europe. A “Green Revolution” is a large scale production of agricultural products which allowed the nations to become more self-sufficient. In 1948, European cooperation began to take its place. The three countries of Belgium, Luxembourg and Holland created a customs union called Benelux. Benelux’s purpose was to remove internal barriers and erect tariffs to protect their trade. Also in 1948, Britain, France and the Benelux countries signed the Brussels Pact. In the same year, 10 countries met to create a Council of Europe; however, the British didn’t cooperate and was therefore not a part of it. In 1949, twelve countries, which included the countries from the Brussels Pact, signed the North Atlantic Pact for mutual protection. Eventually more countries were added and it became NATO.
In 1951, France, West Germany, Italy, and the Benelux countries, known as The Six, formed the European Coal and Steel Community under Jean Monet and Shuman of France to create a stronger basis of cooperation. The purpose was to create a common market for the six nations in steel and coal products. Their success caused a want to expand to even more countries. In 1957, The Six signed the Treaty of Rome, which created the European Economic Community (EEC) or Common Market. The EEC was a large free trade area. It focused on allowing the free movement of workers and capital, eliminating trade barriers, and protecting agriculture. Britain refused to join and instead preferred to keep the British Commonwealth countries as trading parters. They wanted elimination of internal tariffs, same social and economic policies, and the movement of people. The Treaty of Rome also created the European Atomic Community (Euratom) for non-military atomic research. In 1960, Britain created the European Free Trade Association with Norway, Sweden, Denmark, Austria, Switzerland, and Portugal. In 1967, Euratom, ECSC, and EEC formed the European Community, and in 1968, the six countries negotiated the GATT agreement.
Britain began to fall behind the other countries, and in 1963 they wanted to enter into the Common Market. Britain was twice rejected by De Gaulle, but in 1969 Britain was allowed to join. There are now 12 countries in the Common Market. In 1975, the leaders of all European countries, except for Albania, signed the Helsinki Accords, which stated they would recognize the borders of Europe that were drawn up after WWII. The 35 countries who signed also agreed to respect human rights and cooperate with each other in matters of science and economics. In 1991, the Maastricht Treaty was signed, which made the Eurodollar the single currency of the European Union.
Essay 27
OUTLINE
- 1945-1965 – Green Rev. in W. Europe. Agriculture allowed for self-sufficiency.
- 1948- Benelux (Belg. Luxem. Holland) created. Purpose: remove international barriers, establish tarrifs, protect trade.
- 1948- Brussels Pact- Britain, France, Benelux.
- 1948- 10 countries. Council of Europe. British refused.
- 1949- North Atlantic Pact ( Benelux +5 others) à eventually more countries joined and formed NATO
- 1951- France, W. Germany, Italy, Benelux ( the 6)- European Coal and Steel Community (ECSC) under Jean Monnet and Shuman of France. Purpose: common market for the 6 in steel and coal productions.
- 1957- Treaty of Rome ( the 6)- European Economic Community (EEC) or Common Market. GB refused to join. Purpose: allow free movement of workers and capital, no trade barriers, protect agriculture. Also, Euratom- non military atomic research.
- 1960- European Free Trade Association- GB, Norway, Sweden, Denmark, Austria, Switz., Portugal.
- 1967- Euratom + ECSC + EEC à European Community.
- 1969- GB joined Common Market (tried since 1963, twice rejected by de Gaulle)
- 1975- Helsinki Accords- all European countries (except Albania)- recognize borders of Europe as drawn up after WW2.
- 1991- Maastricht Treaty- Eurodollar became single currency of the EU.
Add : Economic Miracle and Ostpolitik.